Cambodia’s garments, footwear and travel goods (GFT) sector earned nearly $1.49 billion from exports in January this year—an increase of 12.8 per cent year on year (YoY), according to the General Department of Customs and Excise (GDCE).

The sector accounted for 51 per cent of Cambodia’s total exports in the month.

Garments dominated, with knitted apparel contributing more than $640 million (5.7-per cent YoY growth), followed by non-knitted garments at $410 million (8.3-per cent YoY growth). Together, apparel exports alone accounted for over $1.05 billion, reflecting steady demand from key markets such as the United States, the European Union, Japan and the United Kingdom.

Cambodia’s garments, footwear and travel goods sector earned $1.49 billion from exports in January—a 12.8-per cent YoY rise.
The sector accounted for 51 per cent of the total monthly exports.
Knitted apparel contributed over $640 million (5.7-per cent YoY growth), followed by non-knitted garments at $410 million (8.3-per cent YoY growth).
Footwear exports reached $196 million—a 16.9-per cent YoY growth.

More orders from the West and partial inventory normalisation backed shipment volumes compared with the volatility seen earlier, according to a domestic media outlet.

Footwear exports reached $196 million showing 16.9-per cent YoY growth during the month, while leather goods and travel articles added another $201 million, showing the strongest 66-per cent YoY growth. Other made-up textile articles contributed $41.5 million (41.7 per cent YoY growth).

Industry stakeholders, however, caution that risks, including soaring energy costs, competition from regional peers and evolving sustainability requirements from global buyers, remain.

However, ongoing investments in logistics, renewable energy use in factories and upgradation of skills are expected to support medium-term growth in the sector.

Fibre2Fashion News Desk (DS)

French luxury group Hermes has delivered a robust financial performance in full-year 2025, reporting consolidated revenue of €16 billion (~$19 billion), up 5.5 per cent year on year (YoY) at current exchange rates and 8.9 per cent at constant exchange rates compared with €15.17 billion in 2024.

Recurring operating income rose 7 per cent to €6.57 billion (~$7.8 billion), lifting operating margin to 41 per cent of sales from 40.5 per cent a year earlier. Net profit attributable to the group stood at €4.52 billion (~$5.4 billion), slightly below €4.6 billion in 2024 due to an exceptional contribution on large companies’ profits in France. Adjusted for this impact, net profit increased 5.5 per cent to €4.86 billion.

Paris-based Hermes has posted revenue of €16 billion (~$19 billion) in 2025, up 5.5 per cent YoY, while recurring operating income reached €6.57 billion (~$7.8 billion) with a 41 per cent margin.
Net profit stood at €4.52 billion (~$5.4 billion).
Fourth-quarter sales were €4.09 billion (~$4.9 billion), supported by strong demand across Europe, the Americas and Japan.

The company maintained strong cash generation, with operating cash flow reaching €5.61 billion and adjusted free cash flow rising to €3.88 billion. Equity increased to €18.84 billion, while the restated net cash position strengthened to €12.77 billion at the end of December 2025, Hermes said in a press release.

Regionally, Asia remained the largest contributor with revenue of €8.29 billion, growing 2.6 per cent. Asia-Pacific excluding Japan generated €6.7 billion, while Japan recorded strong growth of over 10 per cent to €1.59 billion. The Americas posted revenue of €3.08 billion, rising 7.3 per cent. Europe also performed steadily, with France reaching €1.58 billion and Europe excluding France €2.36 billion. The Middle East-led “Other” region grew 11.2 per cent to €697 million.

Across product segments, Leather Goods and Saddlery continued to drive performance, rising 13 per cent due to strong demand and expanded production capacity. Ready-to-wear and Accessories increased 6 per cent, while Silk and Textiles grew 5 per cent.

In the fourth quarter, the group’s revenue totalled €4.09 billion (~$4.9 billion), up 3.1 per cent at current exchange rates and nearly 10 per cent at constant exchange rates. Growth was supported by solid performance across Europe and the Americas, while Asia remained broadly stable due to base effects.

During the quarter, Europe generated €1.07 billion in revenue, Japan €387 million, Asia-Pacific excluding Japan €1.54 billion, the Americas €906 million, and the Middle East-led ‘Other’ region €182 million.

Axel Dumas, executive chairman of Hermes, said: “The Hermes model based on an exclusive and qualitative network, as well as strong vertical integration, has once again proven successful. This distinctive strategy has enabled the house to achieve robust revenue growth and strong performance. I warmly thank the Hermès teams who share our commitment to uncompromising quality as well as our customers for their loyalty. In an uncertain environment, Hermes is moving into 2026 with confidence, underpinned by its creativity and exceptional savoir-faire.”

Looking ahead, Hermes reaffirmed its medium-term ambition of sustained revenue growth at constant exchange rates, despite global economic and geopolitical uncertainties. Due to its unique business model, Hermes is pursuing its long-term development strategy based on creativity, maintaining control over know-how and singular communication. The theme of the year for 2026, Venture beyond, is an invitation to discover new horizons and renew our curiosity, constantly, added the release.

Fibre2Fashion News Desk (SG)

Egypt and Kenya recently began implementing a strategic and comprehensive partnership aimed at deepening economic, energy and political ties.

The two sides will expand trade and investment, collaborate in renewable energy and promote industrial development under the framework. The anticipated investments would cover manufacturing, construction and logistics.

Egypt and Kenya have began implementing a strategic and comprehensive partnership to deepen economic, energy and political ties.
Both sides will expand trade and investment, collaborate in renewable energy and promote industrial development.
Investments would cover manufacturing, construction and logistics.
Egypt is also keen to channel part of its $14-billion African investment portfolio to Kenya.

The decision followed high-level consultations between Kenya’s prime cabinet secretary Musalia Mudavadi and Egyptian Foreign Minister Badr Abdelatty.

The agreements were reached earlier by President William Ruto and his Egyptian counterpart Abdel Fattah el-Sisi.

To close the existing trade gap, both sides are fast-tracking the Kenya-Egypt Joint Business Council, focusing on streamlining customs procedures, addressing non-tariff barriers and expanding private sector engagement across priority industries, Kenyan Ministry of Foreign Affairs posted on Facebook.

Egypt has also indicated its readiness to channel part of its estimated $14-billion African investment portfolio to Kenya.

In addition, the partnership will see cooperation on Nile Basin development and infrastructure projects.

Fibre2Fashion News Desk (DS)